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23 Aug
15:47

LITHIUM: Sayona Mining shareholders strongly back SPP

Australia-based Sayona Mining says that shareholders have significantly oversubscribed to the company’s share purchase plan (SPP), Kallanish reports. The emerging lithium producer raised AUD 68 million ($48.89m), more than 13 times the original SPP target of AUD 5m, in what the company called a vote of confidence from shareholders. That target has since been expanded to AUD 20m. Funds raised by the SPP, together with AUD 45m raised in a previous placement w…
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